are there really that few genuine Rolex watches out there?

quote:

Originally posted by nhtagmember:
are there really that few genuine Rolex watches out there?

Rolex makes one million watches per year and they're building a new facility to increase production. There are plenty of Rolexes out there. But they don't flood the market with the currently most desirable models. I'm going on three mos. with my current production Pepsi GMT and I don't think I've seen another one in the wild since I got mine, and I've been all over Switzerland since getting it.

Exactly. They're not rare, just in somewhat high demand due to seeing a bit of a resurgence as status symbols with wealthier younger folks, and with a distribution scheme designed to create artificial scarcity.

Exacerbated by the robust gray market, where someone gets the opportunity to buy at retail from an AD and knows they can then immediately flip it to the gray market for a profit, then get back in the queue for another from the AD. So a number of the Rolexes sold by ADs aren't even being worn. (Kinda like the concert ticket resellers who gobble up seats when first available to then resell for a profit, leaving the fans either hoping they are lucky enough to snag one before it's gone or else resigning themselves to paying more on the secondary market.)

Some of these gray market dealers are sitting on hundreds/thousands of Rolexes, while the AD shelves are bare. Look at some of the YouTube videos of the longstanding New York City watch shops, or dealers at the bigger watch expos/conventions... They'll have Tupperware tubs full of lightly used to LNIB Rolexes.

Interesting article linking bitcoin and luxury watches.


https://robbreport.com/style/w...ces-fall-1234696544/


Buy what you like and what you will use, don't buy a consumable as an investment.

--K

Who are some of the most reliable and safe sources for gray or gently used Rolexes?

This is where to shop and not pay sales tax.

https://www.rolexforums.com/forumdisplay.php?f=9

Thanks, Rick. It's a big step, but at some point I may want to take the leap.

Jomashop.com is one of the best Gray Market dealers out there that warranties everything they sell to equal the manufacturer warranty you'd give up by shopping there.

quote:

Originally posted by 6guns:
Who are some of the most reliable and safe sources for gray or gently used Rolexes?

From what I understand our very own Sig Forum member davetruong may be able to help you.

quote:

Originally posted by 71 TRUCK:

quote:

Originally posted by 6guns:
Who are some of the most reliable and safe sources for gray or gently used Rolexes?

From what I understand our very own Sig Forum member davetruong may be able to help you.

Dave, for sure, would be my first call